What factors affect my credit score?

Different credit scoring models calculate credit scores based on a bunch of factors. Petal uses the VantageScore 3.0 model from Experian, which measures credit on a scale ranging from 300 to 850. Your VantageScore is determined by six different factors: payment history, age and types of credit, credit utilization, total balances and debt, recent credit inquiries, and available credit.

For more information, see what influences your credit score.

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